03621nam 2200613Ia 450 991046423540332120181114215907.01-4623-7999-01-4527-9850-897866128426581-4518-7191-01-282-84265-X(CKB)3170000000055209(EBL)1608192(SSID)ssj0000939934(PQKBManifestationID)11523026(PQKBTitleCode)TC0000939934(PQKBWorkID)10956164(PQKB)11567073(OCoLC)650327844(MiAaPQ)EBC1608192(EXLCZ)99317000000005520920041202d2009 uf 0engtxtccrThe second transition[electronic resource] Eastern Europe in perspective /prepared by Stefania Fabrizio, Daniel Leigh, and Ashoka Mody[Washington D.C.] International Monetary Fund20091 online resource (35 p.)IMF working paper ;WP/09/43Description based upon print version of record.1-4519-1626-4 Includes bibliographical references.Contents; I. Introduction; Figures; 1(a). CEE GDP per capita as a percent of EU-15 GDP per capital, 1995-2007; 1(b). GDP per capita as a share of US GDP, major emerging market regions, 1995-2007; II. Openness and Institutions; 2(a). CEE Trade Openness Trends, 1995-2007; 2(b). CEE World Market Shares and Real Exchange Rate Trends, 1995-2007; 3. CEE Structural Transformation of Exports, 1994-2004; 4. CEE Trends in Financial Integration, 1995-2007; 5. CEE Trends in Institutional Strength, 1995-2007; 6. Average Value of Fiscal Institutions Index, 1991-2004III. Emerging Market Regions in Perspective 7. Regional Trends in Trade and Financial Openness; 8. Regional Trends in Export Shares and Real Effective Exchange Rates, 1995-2007; IV. Growth Outcomes; A. Accelerations; 9. Current Account Trends, 1995-2007; 10. Regional Trends in Institutional Strengthening, 1995-2007; Box; 1. Growth Accelerations: Methodology and Data; Tables; 1. Growth Acceleration Episodes, by Region; 2. Frequency of Growth Accelerations, by Region; 3. Correlates of Growth Accelerations; B. Traditional Growth Analysis; V. Financial Turbulence: A Test of the Economic Model?11. Financial Stress VI. Conclusions; ReferencesThe countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European Union, they rode a wave of global trade and financial market integration. Focusing on the second transition, this paper reaches three conclusions. First, by several metrics, East European and East Asian growth performances were about on par from the mid-1990s; both regions far surpassed Latin American growth. Second, the mechanisms of growth in East Europe and East Asia were, however, very different. East EuIMF working paper ;WP/09/43.Economic developmentEurope, EasternEconomicsEurope, EasternElectronic books.Economic developmentEconomicsFabrizio Stefania888385Leigh Daniel867941Mody Ashoka888386MiAaPQMiAaPQMiAaPQBOOK9910464235403321The second transition2101439UNINA